
Mangwoo-dong 25-story, 124-unit coexistence housing, Amsa-dong Sunsun Hyundai Apartment remodeling, Gasan-dong G Valley complex facility approved
AI-generated summary
The city of Seoul is expanding housing supply through the win-win housing project, which supplies long-term leased housing on private land, and remodeling existing apartments.
The Seoul Metropolitan Government announced on the 11th that it held the 20th Building Committee the day before and deliberated and passed the 'Mangu-dong 360-1 Coexistence Housing Construction Project' agenda.
Accordingly, 'coexistence housing' with a total of 124 households, with 3 underground floors and 25 above-ground floors, will be built in the area of 360-1 Mangu-dong, Jungnang-gu, the site of the old passenger car terminal.
Co-existence housing is a project that supplies long-term rental housing on underutilized private land, and 24 units of apartments built here will be supplied as 'Mirinae House' for newlyweds.
The city plans to pursue this project with the goal of completion in 2030.
The committee also approved the ‘Prehistoric Modern Apartment Remodeling Project’ agenda.
Accordingly, Seonsa Hyundai Apartments in Amsa-dong, Gangdong-gu, which was completed in 2000, will undergo remodeling and increase from the existing 2,938 households to 3,206 households.
The plan is to sell the additional 268 households to the general public.
In addition, the road leading from the complex to Hangang Park will be maintained, and various local shared facilities such as a youth reading room and senior life center will be created.
The ‘Gasan-dong G Valley Special Planning Area 5 Development Project’ agenda also passed the committee.
This is a project to build a four-building complex with 5 floors underground and 24 floors above ground on the site of 319-7 Gasan-dong, Geumcheon-gu.
In particular, approximately 23% of the 15,021㎡ site will be created as open space for local residents to use.
The three officetel buildings will be constructed in various sizes, ranging from small residential spaces for G Valley workers to exclusive areas of 42 to 59 m2 for newlyweds.
In addition, we plan to install exhibition halls and conference facilities that can be used by companies residing in G Valley, as well as a fitness center and library for local residents.
Myung No-jun, head of the Seoul Metropolitan Government's housing department, said, "We plan to supply new housing on underused sites, increase the number of housing units by remodeling existing apartments, and expand the space used by local residents. We will support follow-up procedures to ensure that the project is carried out smoothly."

Seongnam City plans to build 150 households of youth rental housing on a 2,800 m2 site at the Fantasy Children's Park in Sampyeong-dong, Pangyo, with a total project cost of 47 billion won. A resident information session will be held on the 19th and an online survey will be conducted in parallel, and construction is scheduled to begin as early as 2029 and be completed in 2031.

Gyeonggi Housing Corporation (GH) announced on the 11th that it recorded a competition rate of 100.5 to 1 as a result of closing the first priority subscription for the nation's first general supply of 72 units of equity-based pre-sale housing in Block A17 of Suwon Gwanggyo New Town.

In the Seoul commercial real estate market in the third quarter of this year, office building transaction volume decreased by 24%, while office transaction volume increased by 104.5%. In the GBD area, Gangnam 358 Tower was traded for 445 billion won, leading the office building transaction amount.

While the government announced the construction of new housing sites for 37,000 households in Gimpo Ara, Gochon-eup, Gimpo City, the supply of more than 140,000 households is being promoted through 25 urban development and redevelopment projects in Gimpo City. Gimpo City's position is that solving traffic problems and securing self-sufficiency must take precedence, and concerns are raised that the development of new residential sites may slow down the original downtown redevelopment project.

The area of Dasan-dong, Jung-gu, Seoul has been designated and announced as a special building zone by the Seoul Metropolitan Government. Construction special provisions such as floor area ratio of up to 180% and building-to-land ratio of up to 80% are applied, and the scope of relaxation is determined through deliberation by the Seoul Metropolitan Government Building Committee.

DL E&C opened the official promotional center for 'Acro Seongsu', a redevelopment project in Seongsu District 2, near Apgujeong Station in Gangnam-gu, Seoul. It has 6 floors underground and 62 floors above ground, 9 buildings, 2,350 households, and a total construction cost of 2.0137 trillion won. The union will make the final decision on whether to select a construction company at the general meeting on the 21st of this month.